Property for Auction in Lohara, Ludhiana, Punjab
Auction ID:559810
Bank Name:Canara Bank
Branch Name:Recovery & Legal Section, Circle Office
Reserve Price:₹27,90,000
EMD:₹2,79,000
Service Provider:BAANKNET
Submission Date:29-08-2025 05:00 PM
Bid Start Date:30-08-2025 11:30 AM
A residential plot located in Lohara, Ludhiana, Punjab. This property is offered by Canara Bank through a SARFAESI auction. The plot is situated in a well-established locality, offering potential for residential development. Details regarding the exact size and dimensions of the plot will be available in the detailed auction notice. The property is being auctioned due to loan default. Prospective buyers are advised to conduct their own due diligence regarding property specifications, legal status, and any encumbrances before participating in the auction. This is a direct opportunity to acquire a plot in Ludhiana.
State:Punjab
City:Ludhiana
Area:Lohara
Asset Category:Residential
Canara Bank invites bids for a SARFAESI auction of a residential plot in Lohara, Ludhiana, Punjab. This is a fantastic opportunity to acquire property in a developed area. The auction will be conducted online on August 30, 2025, from 11:30 AM to 12:30 PM. The reserve price is set at ₹27,90,000, with an Earnest Money Deposit (EMD) of ₹2,79,000 required to participate. This auction is being held under the SARFAESI Act due to default by the borrower, Mrs. Sudash Kumari. Don't miss this chance to own a plot in Ludhiana.
Borrower Name:Mrs. Sudash Kumari
Auction Type:SARFAESI Auction
Authorized Officer Μ.: 9517700632